99 Bay Street Fairburn, GA $ 1,500,000
99 Bay Street
$ 1,500,000
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99 Bay Street

Fairburn, GA, 30213
$ 1,500,000
Baths0.0

Monthly Estimate*

$ 9,969

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Studio

Commercial Property for sale in Fairburn, GA

for $1,500,000. This building was built in 1971 on a lot size of 1.74.

99 Bay Street consists of two buildings totaling ± 14,164 SF on 3 parcels totaling ± 1.74 acres in Fairburn, GA. The property is currently occupied by multiple tenants including several small office tenants, auto brokers, an event facility and an automotive repair shop. The property has heavy parking with a very large, paved lot in the front along with additional parking along the sides and rear of the property. Several of the tenants within the building are on month-to-month leases creating an ideal situation for an owner/user to purchase the building and keep as many tenants as they’d like and occupy the remaining space. The property also lends itself to a value-add investment opportunity in restructuring some leases and/or re-tenanting the building to increase cash flow.

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Commercial Active

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,667

Style

Mixed Use

Lot Size

1.74

Year Built

1971

Town/City

Fairburn

County/Region

Fulton

MLS | Web ID

7304883

Features
General
Interior Features Restrooms Other
Heating Central
Cooling Central Air
Utilities Other
Roof Other
Zoning C2
Security Features None
Construction Materials Aluminum Siding Stone Vinyl Siding
Year Built 1971
Electric None
View Other
Levels Two
Property SubType Mixed Use
Tax Year 2023
Gross Income 138800
Business Type Auto Service Industrial Professional/Office
Waterfront Features N
Accessibility None
County Fulton - GA
Net Operating Income 98742
Property Type Commercial Sale
HOA / Comm Assn No
Energy Efficient None
Green Energy Generation None
Other Structures Outbuilding
Status Active
Directions 99 Bay Street. Use waze.
City Fairburn
Body of Water None
Street Name Bay
Property Attached Y/N No
Tax Annual Amount 6667
Home Warranty Y/N No
Property Condition Updated/Remodeled
Days on Market 158
Standard Status Active
Occupancy Type Tenant
Tax Lot N/A
Cap Rate 6.5
Legal Description 99 Bay Street consists of two buildings totaling 14 164 SF on 3 parcels totaling 1.74 acres in Fairburn GA.
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Interior
Basement None
Flooring Carpet Concrete Laminate Vinyl
Window Features None
Street Suffix Street
Total Baths 0
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Exterior
Fencing Fenced
Parking Features Parking Lot
Lot Features Corner Lot
Total Parking 80
Foundation Details Brick/Mortar
Number of Buildings 2
Lot Dimensions x
Lot Size Acres 1.74
Road Surface Type Asphalt
Lot Size Source Other
Road Frontage Type City Street
Other Equipment None
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Internal Only
Street Number 1 99
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* Excluded Features
List By
Andy Lundsberg

Listing Agent

Bull Realty, Inc.

Broker

andy@bullrealty.com

Email

Affordability Calculator

$10,525
Per Month
95%
5%
0%
Monthly Principal & Interest
$9,969
Monthly Property Taxes
$556
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1928881 Elementary School
1929148 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/14/2024$1,500,000 -6.25% Price Down
11/17/2023$1,600,000 Listed Price

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99 Bay Street, Fairburn, GA, 30213 is a Commercial Property for sale at $1,500,000 with a lot size of 1.74. 99 Bay Street is a studio with 0.0 baths and was built in 1971. The property's zip code is 30213 which is in Fairburn, GA